Korea, Republic of
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This chapter introduces the value-added tax (VAT) and excise tax systems in Korea, examines VAT revenue ratios across OECD member countries, and estimates the VAT burden of Korean households utilising the Household Income and Expenditure Survey of...
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Korea introduced industrial accident insurance (IACIS) in 1964, medical insurance (MIS) in 1977, pension insurance (NPS) in 1988 and employment insurance (EIS) in 1995. In line with Korea’s economic development, social insurance coverage has grown...
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The tax burden in Korea is among the lowest in the OECD area, mainly reflecting that the social safety net is at an early stage of development. The low tax burden implies limited tax induced economic distortions but as expenditure pressures will...
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This edition of the Reader’s Companion accompanies Skills Matter: Additional Results from the Survey of Adult Skills that reports the results from the 39 countries and regions that participated in the 3 rounds of data collection in the first cycle of...
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Accelerator-driven systems place very stringent availability requirements on the proton beam led into the subcritical reactor core. This paper describes the technical options chosen by a European collaboration supported by the European Commission in ...
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The OECD unemployment rate is stable at around 6% appears in Society at a Glance 2008: OECD Social Indicators.
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This paper analyses the increasing dualism in the Korean labour market and the need to encourage greater labour force participation. Although the rising proportion of non-regular workers lowers labour costs and increases employment flexibility, it...
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This report on the Public Procurement Service of Korea examines the effectiveness of its system, identifying good practices that can inspire reform efforts in other countries.
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This chapter focuses on the contributions of sub-national governments to Korea’s National Strategy for Green Growth and identifies the main challenges for its effective implementation at the local level. The first section examines the role of urban ...
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The intensification of the global financial crisis in late 2008 led to large capital outflows from Korea and turmoil in its capital markets. However, the prompt response by the government and the central bank stabilised Korea’s financial sector in...
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This report on the Korean Strategy for Green Growth and its implementation in urban areas assesses the contributions of sub-national governments to Korea's National Strategy for Green Growth and identifies the main challenges for effective...
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This report examines land-use trends, policies and practices in Korea, in particular in the city of Busan, through the lens of urban regeneration and citizen participation. Land-use planning is critical for the efficient and inclusive management of...
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During the 1990s, in different European countries, the idea of using accelerator-driven systems as efficient tools for transmutation of radioactive wastes came to the forefront. At the national level, various concepts of accelerator-driven system ...
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As a former recipient country and now as a significant provider of ODA in its own right, Korea leads by example, bringing its direct knowledge and expertise to bear on how aid can drive economic and human development. As a result, Korea’s role in...
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This chapter examines recent experiences with industrial policy in Korea and other OECD countries. The merits and demerits of sector targeting are examined. The chapter considers the possibility of jointly pursuing a sectoral and technology-based...
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